Thursday, 19 September 2024

Utilities

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Japan’s JERA to launch new gas-fired power plant to avoid electricity shortages

Any additional capacity is welcomed now as Japan has been suffering tight power supply during peak summer and winter demand seasons due to...

FILE - A brigade from the Electric Power Authority repairs distribution lines damaged by Hurricane Maria in the Cantera community of San Juan, Puerto Rico, Oct. 19, 2017. A federal judge overseeing a drawn-out debt-restructuring process for the power company ordered all parties to mediation on Wednesday, July 10, in the latest attempt to break an impasse that has sparked widespread anger and frustration. (AP Photo/Carlos Giusti, File)
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Federal control board sues Puerto Rico’s governor over net metering law

The federal control board overseeing Puerto Rico’s finances sued to challenge net metering law amendments, claiming it undermines the energy bureau’s independence.

BusinessFinanceFuelInfrastructureNatural GasNewsUtilities

Canada’s Pieridae Energy shuts-in production amid low natgas prices

Canadian energy company Pieridae Energy said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day (boe/d)...

FILE - Giant wind turbine blades for the Vineyard Winds project are stacked on racks in the harbor, July 11, 2023, in New Bedford, Mass. The maker of a massive wind turbine blade that broke apart off Nantucket Island and washed up on the beaches says a manufacturing problem was responsible. (AP Photo/Charles Krupa, File)
EfficiencyElectricityIndustryInfrastructureManufacturingNewsTransmissionUtilitiesWind

GE Vernova says manufacturing problem behind wind turbine blade breaking off Nantucket Island

GE Vernova will reinspect 150 turbine blades after a manufacturing issue at a Canadian factory caused a blade to break and wash ashore...

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How Germany’s hydrogen economy could transform energy use

Germany is betting on green hydrogen, produced through electrolysis driven by wind and solar power, as an alternative to fossil fuels. For some,...

FILE PHOTO: A PG&E truck carrying an American Flag drives past PG&E repair trucks in Paradise, California, U.S. November 21, 2018.  REUTERS/Elijah Nouvelage/File Photo
BusinessNewsUtilities

Power company PG&E beats Q2 profit estimates on higher rates

California utility PG&E profits rise as company benefited from increased electricity rates, though wildfire costs affect earnings forecast.

British Gas came under fire for making record profits during the energy crisis (Steve Parsons/PA)
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British Gas owner Centrica’s profits fall from record highs amid more ‘normalised’ market

Owner of British Gas utility says profits have fallen from peaks found during energy crisis.

A school bus drives down a road near a field of wind turbines, Thursday, May 9, 2024, in Paxton, Ill. (AP Photo/Joshua A. Bickel)
AnalysisElectricityFinanceIn-DepthInfrastructurePoliticsRegulationsTransmissionUtilitiesWind

Wind power can be a major source of tax revenue, but officials struggle to get communities on board

Wind farms have boosted local economies in rural Illinois, funding schools and emergency services, but face growing opposition and complex local tax structures.

Sir Keir Starmer hailed the ‘innovative partnership’ between Great British Energy and the Crown Estate (Paul Campbell/PA)
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GB Energy to work with Crown Estate to develop offshore wind farms, says Labour

The Crown Estate owns the vast majority of Britain’s seabed, stretching up to 12 nautical miles from the mainland.

Jennifer Granholm, U.S. Secretary of Energy, delivers a keynote address during the opening event of the fifth meeting of the Partnership for Transatlantic Energy and Climate Cooperation (P-TECC) in Bucharest, Romania, July 23, 2024. Inquam Photos/Octav Ganea via REUTERS/File Photo
ElectricityInfrastructureNewsNuclearPoliticsSolarTransmissionUtilitiesWind

US working with Kyiv on future power generation plans

The U.S. and Ukraine are collaborating on a post-war energy grid roadmap, focusing on safe nuclear power and renewables to rebuild and secure...

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